YEARLY HIGH
515.9878 MGA
YEARLY LOW
477.6691 MGA
YEARLY AVERAGE
497.9261 MGA

2021 GTQ to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GTQ to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on November 22, valuing the pair at 515.9878. Conversely, the yearly low was recorded on February 8, dropping to 477.6691.

This high-to-low spread represents a total annual volatility of 38.3187 MGA. From a start-to-finish perspective, comparing the January average rate of 488.6592 to the December average rate of 513.2807, the exchange rate registered a net change of 5.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 515.9878 was up 1.05% compared to the 2020 peak of 510.6494, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 GTQ based on timing:

Yearly Peak High 2,579,939 MGA
2020 Average 2,466,607 MGA
Yearly Trough Low 2,388,345 MGA
Transaction Impact: A difference of 191,593.54 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

517.0583
482.9754
JanuMarcMayJulySeptNove

GTQ to MGA Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: JanтАУJun) was 488.4597, compared to 507.3925 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 18.9328 points.

H1 Avg (JanтАУJun) 488.4597
H2 Avg (JulтАУDec) 507.3925

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 22.2065 MGA (High: 504.4507 / Low: 482.2442). On the other end, November was the most stable month, with a tight range of 3.4926 MGA (High: 515.9878 / Low: 512.4953).

January Spread (Volatile) ┬▒22.2065
November Spread (Stable) ┬▒3.4926

Growth Streaks & Declines

Trends

Between May and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 3.7931 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -3.7931

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 514.2181) against the same month in 2020 (average: 503.3756), the exchange rate shifted by +10.8424 (+2.15%).

2021 Avg (November) 514.2181
2020 Avg (November) 503.3756

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Month High Low Average
January 504.4507 482.2442 488.6592
February 488.9694 477.6691 485.8157
March 492.8783 485.4595 488.9919
April 493.8738 487.3850 491.1790
May 492.0373 485.1650 487.3859
June 499.4406 485.2414 488.7267
July 506.4556 485.6151 495.4966
August 506.8677 488.9280 502.3251
September 513.2023 503.8506 507.7352
October 513.9352 505.4232 511.2995
November 515.9878 512.4953 514.2181
December 515.3192 505.8233 513.2807